In a move to increase the country's share in China's global imports, the government is planning to set up export related skills development institutes in collaboration with Chinese government.
According to the action plan of the Trade Development Authority of Pakistan (TDAP) for 2011, which was released here on Friday, the government is planning to establish skills development institutes for exports in collaboration with the Chinese government.
For the purpose, the TDAP will facilitate the trade through its recently launched Web Portal (www.tdap.gov.pk) for enhancing bilateral trade to get bigger share in over a trillion dollar imports of China.
The Web portal of TDAP would provide an interactive platform to the exporters mainly from textiles, made-ups, leather, marine products, minerals, marble/granite, chemicals, and food sector to improve bilateral trade.
The TDAP is presently working on to bring both countries closer for joint efforts to improve the efficacy of the FTA through dismantling non-tariff barriers. For that reason, the trade-related workshops and seminars to be held in both China and Pakistan, in order to educate and create awareness amongst stakeholders about the trade potential. The TDAP would also launch new initiatives of mutual co-operation for the development of bilateral trade and investment in export related sectors in 2011.
The authority would also organise 15 International Exhibitions in China to represent different sectors. Besides arranging Mango Festival in 2011 and sending eight businessmen delegations to China by next year, the TDAP will also invite and sponsor businessmen delegations from China to visit Pakistan EXPO to be held from February 25 to February 28, 2011. The authority would also make efforts to encourage and facilitate investments from China to the already existing stock of investments exceeding $15 billion in Pakistani infrastructure and natural resources.
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